Post Utme Redeemers University 2019 Economics Question 40

Practice objective / multiple choice question 40 from the 2019 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2019 Economics Objective / Multiple Choice
Question 40 POST_UTME_REDEEMERS_UNIVERSITY • 2019 • ECONOMICS • objective

A firm's supply curve is upward-sloping, indicating that as the price of the good increases, the quantity supplied also increases. What is the shape of the firm's supply curve?

Answer Options

A. U-shaped
B. S-shaped
Correct Answer C. Straight line
D. Curved line
Correct Answer
C
Correct Option:
Straight line

About This Question

This is Post Utme Redeemers University 2019 Economics Question 40. It is one of the objective questions from the 2019 Post Utme Redeemers University Economics examination.

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